IN a major move anticipated during her budget speech on February 1, finance minister Nirmala Sitharaman is expected to announce a comprehensive review of the Income Tax Act. Sources indicate that this review aims to simplify the existing tax framework, which currently comprises a staggering 71 TDS sections.
Announcing the last budget this year, she had said, "I am announcing the comprehensive review of Income Tax Act, 1961. The purpose is to make the act concise, lucid, easy to read and understand. This will reduce disputes and litigation, thereby providing tax certainty to the taxpayers. It will also bring down the demand embroiled in litigation. It is proposed to be completed in six months."
この記事は The Morning Standard の November 19, 2024 版に掲載されています。
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この記事は The Morning Standard の November 19, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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A Forest of Enchantment
Delhi-based designer Payal Jain's new couture collection 'Enchanted Forest', not only paints a dreamscape inspired by nature but also gives back to the environment with sustainable creations
Confusion over trains led to stampede
Police: 2 trains with identical names on different platforms led to confusion among passengers before the tragedy
RAIL BHAVAN GETS INTO HUDDLE
High alert at stations witnessing very high footfall during Maha KUmbh
3rd aircraft carrying 112 illegal Indians touches down in Amritsar
THE third batch of 112 Indians deported from the United States aboard a military aircraft landed late on Sunday night at Amritsar's Sri Guru Ram Dass International airport.
ATS flags B'deshi terrorists entering J'khand for training
'Hatching anti-India terrorist conspiracies'
High Feb temp likely to hamper wheat yields
WITH above normal rising temperature in February, the fate of wheat crops in Northwest India looks uncertain. The rising temperature may shrivel wheat pods, impacting the quality and quantity of wheat production.
Anti-ragging cells in every Kerala school soon: Edu dept
THE general education department has decided to ask all schools in the state to form anti-ragging cells amid reports of ragging in some schools.
Shami works on lengths with Morkel
A FOCUSSED Mohammed Shami spent considerable time with bowling coach Morne Morkel as a full-strength Indian team started its training in earnest ahead of its Champions Trophy opener against Bangladesh at the picturesque ICC Academy practice ground here on Sunday.
Basilico finishes on top
FRANCESCO Di Basilico from Italy (55.45 m) and Martina Ayu Pratiwi from Indonesia (64.25 m) won the men's and women's titles respectively at the SDAT Asia Triathlon Cup 2025, held at the INS Adyar on Sunday.
Countering Modern Critiques of Classics
My thoughts have been very much with our epics this week and I would like to share my understanding of a few epic incidents that I feel have been wrongly critiqued in modern India.
